China’s Ageing Population: Will the Country Grow Old Before It Gets Rich?

China’s Ageing Population: Will the Country Grow Old Before It Gets Rich?

Is the One Child Policy to Blame?
And who will look after China’s rapidly growing grey population?
Chachi Bratoz

China is one of the top fastest growing economies in the world, and some economists believe China will overtake the US with a larger GDP in a matter of a few years. Last year, the number of millionaires in China grew 12 percent, and while the US still has the most millionaires – they’re 15 years younger in China.  According to some reports, sources suggest China is set to have almost doubled the figures of their billionaire headcount. Continue
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